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Oando deepens upstream investment with $375m financing deal from Afeeximbank, Mercuria
OANDO Plc has announced that its upstream subsidiary, Oando Oil Limited, has successfully increased its reserve-based loan facility by $375 million following capital injection from Afreximbank and Mercuria. According to a disclosure filed with the Nigerian Exchange (NGX), and signed by the company secretary, Ayotola Jagun, the refinancing of Oando’s reserve-based lending (RBL2) facility was […]
Oando deepens upstream investment with $375m financing deal from Afeeximbank, Mercuria
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